The Potential Benefits Of Being An Entrepreneur

ow does Roald Dahl create suspense in “The Landlady?” In Dahl’s stories he gives descriptive words and he give clues to the reader on what might happen next makes the story more eerie. The use of these techniques leaves the reader hanging onto the edge. To begin with, Dahl uses incredible word choice to allow the reader to be part of the plot.

The race of getting up at the same time every day, fighting rush hour traffic on the drive to and from the office, doing the same job at the same place day after day and having little time to spend with family can become a grater. By becoming an entrepreneur, you may have the luxury of creating a flexible work schedule that allows you to attend to many other things by schedule. If you choose a business venture that allows you to work at home, you can avoid the work going back and forth altogether.

High energy levels are important because most business people may already be working a full time job and use weekends & nights to work on the schematics of their business. Some may work up to 70 hours a week, this can affect one’s personal life, work, and health at the start of their venture. Though challenging entrepreneurs feel the need to achieve and are driven to do well through competition. They do not mind setting and fulfilling difficult goals, because in the long run the goal is to impact lives in a positive manner.

Business and performance plans: Proper planning must be made about the things which are needed to be

Flexibility: Flexibility is required not just to start any venture but also to run the same successfully. Because of the rapid changing business and social environments today one has to be flexible for an ultimate success in any filed of his life.

We have a bent to explain entrepreneurship as a way because of it always involves quite simply developing with an honest idea—someone collectively has to convert that idea into action. As an example, each of, Google’s leader 's counsel that its purpose of distinction “is anticipating needs not even so articulated by our

Without entrepreneurship businesses that provide choice and create innovation as well as wealth creation would not exist. Businesses create employment for workers to earn incomes and purchase products that improve

Autonomy is a goal of emancipation which is defined as breaking free from the authority of another. The hope for autonomy is one of the main drivers of efforts to become self-employed. Breaking free suggests the desire to make one’s own way in the world, breaking up draws attention to the striving to imagine and create a better world. Analyzing the seeking autonomy aspects of entrepreneuring opens up the following directions in entrepreneurship research:

The format of a business plan plays an important role in determining whether the document meets the required standards or not. Generally, the format of the business plan should be designed in a way that the reader is able to isolate short and medium term plans for the business, its current state, and its strategic plan. In this regard, the

A business or companies must write their business plan first before they start their business. By writing a business plan first, the companies have a clear look for their business structure, need, cost, management, production, and future. A business plan can help the companies to achieve what the businessperson want to achieve and can develop into a better companies gradually according to the plan and it can double the gain of profit for planning companies.

As we think about the role of entrepreneurship in terms of the economic growth, entrepreneurs make new organizations and new organizations,thus they create employment opportunities, based on the above explanation, they

The operations of the business is critical in a business plan because it describes the main components of your business. Management duties and responsibilities can be addressed in terms of the day-to-day operations. This includes what each day of the week will entail for the schedule of the business. Likewise, many topics should cover the nuts and bolts of the business such as production and manufacturing, inventory, and distribution. Topics such as the location, employees, and equipment should be considered to provide the most competitive advantage and success for the business. Lastly, every business requires a structured form of legal registration for licensing, insurance liability and tax purposes.

Entrepreneur as a business manager create a border line between the management and the entrepreneurship. Entrepreneur with the productive services, inserting their own persons and property / assets at the clearance of the entrepreneur who can guarantee at a fixed compensation. The final profit amount is based on a scope of error in calculation by the entrepreneurs and non- entrepreneurs who do not compel the entrepreneurs to pay as much amount for the productive services they could be compelled to pay. (J ,2012)

The latest study about entrepreneurs shows that about 400 million people in 54 countries are currently running or starting their own business, potentially creating more than a billion new jobs (“Global Entrepreneurship”, 2012). Entrepreneurs are their own bosses – nobody tells an entrepreneur what to do and they control their own destinies. Entrepreneurs can choose a business that interests them – they work in fields that interest them. Many combine hobbies and interests with business. Entrepreneurs can be creative. Entrepreneurs are always implementing creative ideas they come up with on their own. Entrepreneurs can make a lot of money if their business succeeds.

Being an entrepreneur should not only revolve around financial matters but also focus on how each entrepreneur could become an instrument in making a difference, in making a change not only for themselves but for others as well.